RE: RE: The SMB Sproule Report Blindbat
FYI The MerLiar does not hold shares in SImba energy. Fact. His hobby is red lipstick and lifting shirts.
At this stage?? yes at this stage. there will be lots of data to interpret in the coming weeks and a reevaluation of the CPR based on new seismic
so kindidly describe in a very loose forms is in fact 100% expense to Simba for 50% of the revenues
Tullow OIl and AOI seemed to be happy with the same terms. Why should Simba not be??
So you think Simba will not get this money back from a potential farm out and this work has not added any value to Simbas Block 2A. Guys we have another Merliar in the making who is putting fear in the minds of investors. This is a classic example of a financial ter rorist!!!
Can you not read?/ WHy are you worried about Simba?? Isnt SLG the one giving you sleepless nights.
Without 2d seismic?? 2d seismic has been reinterpreted and will be shot again. Passive has been done. We have 2 excellent indicators of oil as well as the tarbaaj oil seep.
200km of seismic needs to be done to identify where best to drill at target P1.
So smart Little Blindbat if you think the IPDS is not worth the money spent, why you remain invested like the fantasy investor Merliar. Or are you going to avoid the question?? Simba p i5 ing money. hahaha.
If you was that smart Blind b i ch you would not come on the SMB board crying about SLG and Mart saying how they cannot raise money and your obviously stuck in a rut and fearing the same will happen at Simba?
Guess what Blindbiich. This is not MART or SLG ;-))
50 50 split with the Kenyan government on PRODUCTION?? ISnt that the case for all explorers in Kenya or is it just a small paragraph in Simbas PSC?? AOI shot up from a dollar to 11+ dollars on the back of the same fiscal terms. Why are you singling out Simba??
Kenya seems like an excellent place to do business and if you dont like it, I suggest you carry Merliar on your back and fly him to mArt and SLG. His wise words of wisdom will get SLG the 45 million Mart needs.
Pity you didnt see it coming and hit you full in the face BLINDBAT. Pretty obvious why you cally yourself Blindbat ;-))
ATB
BR